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8081  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: October 15, 2013, 08:37:40 AM
Amazes me how people think/assume this is a 100% foolproof money making scheme.

Send money. Get bitcoin miner. Collect profits.

LOL. The risks were always there and always will be there. If you're too weak, seriously consider something else less risky.

So okay your miners are late. That's the risk part of the game.

But hey I'm sure it will arrive soon anyway. All the rant posts doesn't do anything to help speed up the process.

But you know this is bitcoins so there's always people with different agendas here. Say if I were a greedy hashfast or cointerra customer, I'd be in this thread making up a fuss about everything and anything. Less people buying/getting refunds = more profits. Am I right or am I right? Roll Eyes

You mean like how all the KNC guys came into my endorsement thread?
8082  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: October 15, 2013, 03:03:28 AM
If there are no catastrophic events, the "Internet kill switch" will be a moot issue within three years. There may still be the potential for continental separation, but methods exist for communication even at transoceanic distances without relying on cables or satellites. With geographically diversified mining resources, Bitcoin will be effectively unbreakable at that point.

That is when Bitcoin will start truly eroding gold's position as a monetary asset, after fiat currencies have been proven bettered by crypto.

what ever happened to your Meshnet project?
8083  Bitcoin / Armory / Re: Armory - Discussion Thread on: October 14, 2013, 11:26:34 PM
Win 7 and 0.89.99.5 and RAM reduction has worked wonders for me.  Thank you!
8084  Bitcoin / Hardware / Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s on: October 14, 2013, 04:57:41 PM
not only that, their design team is spread all over the world with the main office in India.

coordination is difficult.
8085  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: October 14, 2013, 04:35:14 PM
Remember the cool thing about the modules is that they daisy chain together.

Not saying this is or isn't true but, you are the only person that has claimed this will be possible.  There haven't been any postings from HF accounts in this thread at least claiming they will work this way.

you don't have to believe me but...
8086  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: October 14, 2013, 04:34:51 PM
Well, there is an inconsistency in what they've written as there is 2 versus 3 modules in a BJ versus a Sierra.

Amy has assured me that the Sierra can be run by a Raspi. If not, use an old laptop.

Frankly I don't really care that much, those rPi are so cheap and small that I don't mind adding one for each module

It's just the cable mess that increases with all those power supplies...

just talked to Simon.

don't go out and buy a bunch of Raspis.  you may need far less than even i anticipated.
8087  Economy / Speculation / Re: inau's secret rocket on: October 14, 2013, 09:34:42 AM
Chinese secret rocket



i thought you said you wish you'd sold?

I don't know anymore.  Tongue  If only I had your subscription to tell me what to do!

Don't think for a minute you got away with that sly dog PM you sent me.

Oh wait, you did.  Well done, sir!
8088  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: October 14, 2013, 09:09:32 AM
in the words of Chamath Palihapitiya, "this thing is gonna rip!"

that's almost as good as some of my memes  Wink

http://www.youtube.com/watch?v=0nUB1LfUzLI

I love this guy.


Thank you molecular
8089  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: October 14, 2013, 08:33:34 AM
So this will be interesting.

Because I'm already repackaging my BJ's as sierras because of space considerations, you will be able to use me as an experiment to work these issues out such as what a Raspi may or may not be able to handle. Sounds like 3 modules right now or one per Sierra. I'll run that by engineering.

8090  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: October 14, 2013, 08:22:46 AM
Sure, it maxes out space, cooling and power supply in the (beefed up) BabyJet, but it will also push the rPi to it's limits so that is why HF in PM recommends:

Quote
We don't want to risk overloading the limited resources of a Raspberry Pi by running more than two mini-boards (formerly 'modules') off one of them.

So we recommend something more powerful for one or more Sierras.



Well, there is an inconsistency in what they've written as there is 2 versus 3 modules in a BJ versus a Sierra.

Amy has assured me that the Sierra can be run by a Raspi. If not, use an old laptop.
8091  Bitcoin / Hardware / Re: HashFast launches sales of the Baby Jet on: October 14, 2013, 08:07:45 AM

I have a Batch 1 baby jet and I bought the expansion board. Will I be able to use the MPP board with  them?

If not, why was this not though of before - you knew mpp + expansion would be needed on the baby jet?

Yes the MPP board can be used with them.

You bought the expansion board to get the extra hashing power now instead of in 3 months.
8092  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: October 14, 2013, 08:02:55 AM
Remember they don't have working chips yet.

I know and have seen pictures of the other parts but it's simply OEM stuff like you can get off Amazon except for the PCB of course.
8093  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: October 14, 2013, 07:59:07 AM
What I think Paladin69 is trying to say is that HF has clearly showed us that is really outstanding from other asic manufactures by having nice contracts with the best factorys out there, the MPP , having the software prepared in andvance...but we are really close to what they marked as "time to ship" the units and we still havent seen any photo. Not the case, not the pcbs, not even any other part as the cooling solution that they have been simulating with. For the moment as a customer I  want to believe

I saw what you wrote earlier so I screamed at them earlier today. They promised me they will have pictures for you soon.
8094  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: October 14, 2013, 07:54:10 AM
The BabyJet has room for only 2 modules in total (as that maxes out the Raspberry Pi), you need to upgrade the old power supply as well (which is included in the expansion upgrade you bought).
If the full MPP kicks in, you would get 4 extra modules so you will need to look for an extra case, power supply and a cgminer running CPU (rPi, PC, laptop) with a USB connector for each module

Besides, the MPP modules will only ship out in 2014, you'll get your bought expansion board in December

This isn't right.

It doesn't max out Raspi, it maxes out space. Remember the cool thing about the modules is that they daisy chain together. This is why in the Sierra you can string 3 modules together with 1USB feed to an external controller of your choice.

8095  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: October 14, 2013, 04:23:48 AM

stone-age answer

that's a good one.

just about sums it up. 

or down in this case.
8096  Economy / Speculation / Re: Wall Observer - China wall movement tracker on: October 14, 2013, 04:18:21 AM
actually, it was China that led the breakout out of the Spring 2012 $5 funk.  geez, it seems so long ago...
8097  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: October 14, 2013, 03:57:08 AM
only 4 days in BTC history where the price closed higher than now.

Gold down.  Bitcoin UP.
8098  Economy / Speculation / Re: Wall Observer - China wall movement tracker on: October 14, 2013, 03:52:57 AM
Isn't 888 a lucky number in China?  Grin

no, it's 8888.

Does 8888 really have special significance over other 8-based numbers? Wikipedia indicates that pretty much anything with 8's is good:

http://en.wikipedia.org/wiki/Numbers_in_Chinese_culture#Eight

ok, let me be a bit more clear:  no, it's 8888  Tongue
8099  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: October 14, 2013, 03:49:35 AM
in the words of Chamath Palihapitiya, "this thing is gonna rip!"

that's almost as good as some of my memes  Wink

http://www.youtube.com/watch?v=0nUB1LfUzLI
8100  Economy / Speculation / Re: Wall Observer - China wall movement tracker on: October 14, 2013, 03:47:05 AM
Isn't 888 a lucky number in China?  Grin

no, it's 8888.
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